Re: NEM (XEM) Official Thread - 100% New Code

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Is that rise related with upcoming swap to symbol? Btw any news about release time for SYM and swap?

Thanks

Based on the current road-map shown on: https://forum.nem.io/t/symbol-launch-reporting-single-source-of-information/24863

The snapshot will take place at some point between end of October to the end of November 2020. Opt-in is around the same time.

According to the road-map Symbol launch is taking place on November 30th 2020.

"will inflate over time using Symbol Block Rewards to the current 9bn max supply of NIS1. This will be hard coded into the network and day 1 and not require any intervention, it will match the inflation rate of BTC but be performed in quarterly instead of 4 year adjustments. "

What is the benefit of the inflation?
Hard coded inflation

? --- inflation is not one of the laws of the nature.

If I remember it correctly, there was no further discussion about the benefits of inflation. And when the situation in the World is as it now is, I would still like to know the benefits of inflation

Okey... there is a common understanding in among the economists that a "small" inflation is a good thing. But still I suspect that the inflation should be hard coded to the system.